The Graveyard › Banks › 1990

International Fs & La

N. Miami Beach, FL · failed October 12, 1990 · FDIC certificate 32064

International Fs & La of N. Miami Beach, FL failed on October 12, 1990. It opened on December 5, 1980, 9 years before. At its last report before that it held $84.3 million in assets and $81.5 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 1989, it held $122.6 million. The FDIC estimates that the Resolution Trust Corporation lost $13.0 million on it.

1984-031990-09

Assets at the end$84.3 millionlast report before October 12, 1990

Deposits at the end$81.5 million

Estimated loss to the fund$13.0 millionRTC

Largest in the quarterly reports$122.6 millionJune 30, 1989

Equity to assets-3.1%September 30, 1990

Loans not being repaid4.4%noncurrent, September 30, 1990

Return on assets-8.15%a year's rate, September 30, 1990

Staff21full time, September 30, 1990

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Also ended in 1990

Imperial Federal Savings Association · San Diego, CA · $9.6 billion in assets
Franklin Fsa · Ottawa · $9.3 billion in assets
Centrust Bank, SB · Miami, FL · $8.2 billion in assets
Empire of America FSB · Buffalo, NY · $8.2 billion in assets
Merabank FSB · Phoenix, AZ · $6.3 billion in assets
Southwest Savings Association · Dallas, TX · $5.3 billion in assets

History, not advice.

Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.